Raiz Invest (ASX:RZI) Interest Expense : A$-0.06 Mil (TTM As of Dec. 2023)

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What is Raiz Invest Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Raiz Invest's interest expense for the six months ended in Dec. 2023 was A$ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.06 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Raiz Invest's Operating Income for the six months ended in Dec. 2023 was A$ Mil. Raiz Invest's Interest Expense for the six months ended in Dec. 2023 was A$ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Raiz Invest Interest Expense Historical Data

The historical data trend for Raiz Invest's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Raiz Invest Interest Expense Chart

Raiz Invest Annual Data

Trend

Dec17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-0.03

-0.05

-0.08

-0.07

Raiz Invest Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial							-0.04	-0.04	-0.04	-0.03	-0.03

Raiz Invest Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.06 Mil.

Raiz Invest (ASX:RZI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Raiz Invest Ltd (ASX:RZI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Bulletin Place, Level 11, Sydney, NSW, AUS, 2000

Website

https://www.raizinvest.com.au

Raiz Invest Ltd provides financial services and products through its mobile first micro-investing platform which offers its customers an easy way to regularly invest either small or large amounts of money using the Raiz mobile application or through the Raiz website in Australia, Indonesia, and Malaysia. The company's operating segment includes Raiz Invest Micro Investing Platform and Other Financial Services. It generates maximum revenue from the Raiz Invest Micro Investing Platform segment.

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